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Category: Oil and Energy

Blackstone sells Vegas casino for $5.65bn

Cosmopolitan resort sold to MGM International and consortium

Adnoc Drilling IPO raises $1.1bn

The flotation of the oil drilling co is the largest in the UAE for several years.

Lindsay Goldberg buys HCI Equity portfolio business Summit Interconnect

Lindsay Goldberg hgas bought into private equity-backed printed circuit boards supplier Summit Interconnect. The post Lindsay Goldberg buys HCI Equity portfolio business Summit Interconnect first appeared on AltAssets Private Equity News.

US solar power major Swinerton Renewable Energy carved out by American Securities

US private equity house American Securities has agreed to buy the renewable energy division of Swinerton Builders. The post US solar power major Swinerton Renewable Energy carved out by American Securities first appeared on AltAssets

Oil majors back investor guidelines for net-zero plans

The standard, supported by investors representing more than $10tn of assets, calls for greater disclosure around climate plans and says there are ‘a number of potential ways to reach net zero’

Apollo continues energy efficiency, renewables push with $150m FlexGen Power investment

Apollo Global has made a $150m equity commitment to FlexGen Power Systems, an integration services and software tech provider for energy storage solutions. The post Apollo continues energy efficiency, renewables push with $150m FlexGen Power

Fidelium to acquire Benteler’s Tønder and Louviers plants

Special situations investor Fidelium Partners is to acquire the Tønder and Louviers aluminium processing plants of Austria-headquartered automotive, energy and engineering products producer Benteler.

Partners Group sees clean-energy tailwind in infrastructure bill

The $1tn spending measure would bolster investment areas including community solar and carbon capture

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